Concessional tax option excludes deductions under section 80M from permitted Chapter VI A deductions, effective from April 1, 2021. The amendment substitutes the phrase in sub section (2)(i) of section 115BAA to exclude Chapter VI A generally and to add an explicit exclusion for ... Summary
Concessional tax option excludes deductions under section 80M from permitted Chapter VI A deductions, effective from April 1, 2021.
The amendment substitutes the phrase in sub section (2)(i) of section 115BAA to exclude Chapter VI A generally and to add an explicit exclusion for section 80M alongside section 80JJAA, with effect from 1 April 2021.
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